Revival in demand for private resale homes

Published Date: Sunday, 13 October 2024 | 382 Views

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Read the full article by Christine Sun, Chief Researcher and Strategist at Realion (OrangeTee & ETC) Group in the link below.


To read full article: click here


We are pleased to share an article that we have written and published in the Straits Times - Revival in demand for private resale homes

The private resale market has reached a new pinnacle, underscoring its dominance in the real estate sector. Despite the prevailing high interest rates and the multiple cooling measures, demand for resale homes has seen a revival.

The Urban Redevelopment Authority’s (URA) data shows that the volume of resale home transactions has demonstrated a robust recovery, posting an 11 per cent increase from 7,980 units in the period from January to August 2023 to 8,823 over the same period in 2024.


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